ACGL vs SLF: Arch Capital Group and Sun Life Financial compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Sun Life Financial is the larger company, worth $43.1B, about 1.3 times Arch Capital Group.
- Sun Life Financial grew revenue faster over the last year (+8.0% vs -10.4%).
- On earnings, Arch Capital Group is the cheaper stock (7.4x vs 20.0x).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | ACGL | SLF |
|---|---|---|
| Market cap | $33.6B | $43.1B |
| Share price | $95.57 | $76.99 |
| Revenue (last fiscal year) | $19.9B | $41.9B |
| Free cash flow (last fiscal year) | $6.1B | $2.7B |
| Revenue growth, last year | -10.4% | +8.0% |
| Revenue growth per year, last 5 fiscal years | +21.2% | +4.1% |
| Operating margin | 26.9% | — |
| Net margin | 24.4% | 8.5% |
| Return on equity | 19.5% | 14.5% |
| P/E (trailing) | 7.40x | 20.0x |
| Price / free cash flow | 5.49x | 3.17x |
| EV / EBITDA | — | — |
| FCF growth the price implies | -12.6% | — |
| Dividend yield | — | 4.6% |
| Debt / equity | 2.54x | 15.2x |
| Fundamental grade | C | C |
| Superinvestors holding it | 0 | 3 |
| Insider purchases, last 12 months | 2 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Arch Capital Group
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $9.2B | $3.4B | 22.7% |
| 2022 | $9.6B | $3.8B | 15.5% |
| 2023 | $13.6B | $5.7B | 24.8% |
| 2024 | $17.4B | $6.6B | 25.7% |
| 2025 | $19.9B | $6.1B | 25.0% |
Sun Life Financial
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $35.7B | -$1.9B | — |
| 2022 | $5.8B | — | — |
| 2023 | $40.9B | $5.4B | — |
| 2024 | $38.8B | $2.4B | — |
| 2025 | $41.9B | $2.7B | — |
Where the revenue comes from
Arch Capital Group
No segment breakdown reported.
Sun Life Financial · by segments, 2022
Canada$11.9B48%
U.S.$6.3B26%
Asset Management$5.8B23%
Asia$752M3%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open ACGL in InvestinglyQuestions
Which is bigger, Arch Capital Group or Sun Life Financial?
Sun Life Financial (SLF), at $43.1B against $33.6B.
Is ACGL or SLF cheaper?
By trailing P/E, Arch Capital Group (7.40x) is cheaper than Sun Life Financial (20.0x). A lower multiple can also mean the market expects less growth.
Which grows faster, ACGL or SLF?
Sun Life Financial: revenue grew +8.0% over the last year, against -10.4%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.